Hi,
Turbotax is asking for the following:
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see Form 8949 for the meaning of these boxes
https://www.irs.gov/pub/irs-pdf/f8949.pdf
(A) Short-term transactions reported on Form(s) 1099-B showing basis was reported to the IRS (see Note above)
(B) Short-term transactions reported on Form(s) 1099-B showing basis was not reported to the IRS
this may also be worded A is "covered" and B is "non-covered" as referred to in your summary screenshot. The detailed sections may have this wording in the headings also.
Thank you! So it is referring to this section right here only?
Yes. The section of the Form 1099 Composite that you are highlighting shows the total short-term sales. The covered are Box A (basis reported to IRS) and the noncovered are Box B (basis not reported to IRS).
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